 "e commerce")
Graas, a solution provider the for e-commerce industry, said on Wednesday that it has raised more than $40 million in the first close of a funding round.
The Series A round was led by Galaxy (Kejora-led SPV), Performa (multi-billion European Asset Manager-led SPV), Integra Partners, Yuj Ventures (Xander Group) and AJ Capital. Angel investors based in Southeast Asia and India participated in the round as well.
Graas used part of the fundraising to acquire Shoptimize Inc, a Pune-based data specialist, and SELLinALL, a Southeast Asia marketplace expert. The founders of the two companies joined the board of Graas and will
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